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BFMT EAST

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the OWEN (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 288053District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
May 2019 – May 2026
Value, last 12 filed months
$366 k
at the published price for each month
Months reported
85
no gaps in the span
Streams
2
condensate, gas

The OWEN (OLMOS) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 811 leases and 811 wells, and the rule below applies to all of them.

Discovered
1971-11-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-03-24.

The Commission's schedule remark for this field reads: “LATERALS. EFFECTIVE 3/24/15;”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none——
ST-1112020-09-08227864

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition472 bbl$32,183
GasProduction1,532,651 Mcf$4,878,649
Total$4,910,832

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.7907, -99.5386. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.79069, -99.53856 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,205 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,205 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-4794412151H6,205 ftMay 2019——

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (85)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

85 months

May 202608,060106.413.05$24,549
Apr 2026307,67298.932.87$24,984
Mar 202607,96189.753.15$25,073
Feb 202607,15563.503.75$26,834
Jan 202607,99259.138.00$63,919
Dec 202508,00256.664.41$35,316
Nov 202507,88158.593.93$30,944
Oct 202508,28459.383.30$27,377
Sep 202508,15562.743.08$25,092
Aug 202508,49063.933.01$25,595
Jul 2025308,44766.743.32$30,006
Jun 202508,28866.483.13$25,931
May 202508,62660.553.23$27,882
Apr 202508,16562.363.54$28,930
Mar 202508,72267.704.27$37,228
Feb 2025197,96470.884.34$35,917
Jan 202508,85874.324.28$37,901
Dec 202409,02068.993.12$28,155
Nov 202408,78769.052.20$19,318
Oct 202409,27671.372.28$21,162
Sep 202408,89269.612.36$21,024
Aug 202409,10375.632.06$18,785
Jul 202469,10179.932.15$20,016
Jun 202408,80978.082.63$23,203
May 2024010,40178.812.20$22,866
Apr 202407,63784.451.66$12,671
Mar 20245410,23280.301.55$20,146
Feb 202409,68076.091.78$17,266
Jan 2024010,43473.023.30$34,408
Dec 2023010,54571.262.61$27,530
Nov 2023010,42377.892.81$29,263
Oct 20233410,96285.443.09$36,748
Sep 20236010,61589.042.74$34,375
Aug 2023011,10580.522.67$29,682
Jul 20232511,20774.852.64$31,478
Jun 2023011,13068.962.26$25,137
May 2023011,63670.622.23$25,918
Apr 2023011,38978.122.24$25,486
Mar 2023011,69872.852.39$27,995
Feb 2023010,68975.112.47$26,356
Jan 2023012,02476.533.39$40,734
Dec 20221212,40476.415.73$71,980
Nov 2022012,72585.005.65$71,848
Oct 2022013,34987.185.86$78,275
Sep 2022013,14884.888.16$107,336
Aug 2022013,84494.529.13$126,356
Jul 20221314,093101.587.54$107,611
Jun 2022013,817115.097.98$110,221
May 2022014,563109.378.43$122,810
Apr 2022714,329104.226.84$98,706
Mar 20221215,158108.885.08$78,255
Feb 2022013,94391.054.86$67,747
Jan 2022015,73681.844.54$71,405
Dec 2021016,12671.323.90$62,877
Nov 2021015,97277.435.24$83,643
Oct 2021016,85979.795.71$96,330
Sep 2021016,72269.865.35$89,478
Aug 2021017,75766.024.22$74,945
Jul 2021018,21470.783.98$72,530
Jun 2021018,16269.493.38$61,399
May 2021019,29363.483.02$58,220
Apr 2021018,97260.362.76$52,333
Mar 2021020,36461.302.72$55,328
Feb 2021018,67657.805.55$103,614
Jan 20212721,43450.412.81$61,596
Dec 2020022,26044.642.68$59,556
Nov 2020822,36238.772.71$60,834
Oct 20201023,67736.972.48$59,051
Sep 2020123,85037.091.99$47,523
Aug 20201025,68839.982.39$61,668
Jul 2020026,91638.371.83$49,125
Jun 2020027,34634.901.69$46,223
May 2020029,78116.921.81$54,045
Apr 20205028,58014.751.80$52,307
Mar 2020030,39630.341.86$56,422
Feb 2020030,55749.881.98$60,523
Jan 2020034,90757.252.09$73,121
Dec 2019038,24359.012.30$88,126
Nov 20192040,49955.302.75$112,507
Oct 2019046,55053.472.42$112,583
Sep 2019051,49655.052.66$136,839
Aug 20194463,47953.112.30$148,615
Jul 2019080,19356.272.46$197,280
Jun 2019093,67952.782.49$233,373
May 2019023,01558.482.74$63,068

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                8,060 Mcf  × $  3.05 =    $24,549

────────────────────────────────────────────────────
Month total                                  $24,549

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/288053 is the state's own key, not one this site invented.